Category : Search result: Scotiabank restructuring


Saks Considers Bankruptcy as $100M Payment Looms

Luxury retailer Saks Global Enterprises, burdened by debt from its Neiman Marcus deal, is exploring Chapter 11 bankruptcy ahead of a critical $100+ million payment due December 30. Read the full analysis.

Leafs Rally with Three Goals in Third for 3-2 Win

The Toronto Maple Leafs overcame a terrible start and a 2-0 deficit, scoring three times in the third period for a dramatic 3-2 victory over the Chicago Blackhawks at Scotiabank Arena. Read the full game recap.

Kraft Heinz CEO Replaced Ahead of 2026 Company Split

Kraft Heinz names former Kellanova CEO Steve Cahillane as its new leader, replacing Carlos Abrams-Rivera effective January 1. The move comes as the food giant prepares to split into two separate public companies in late 2026.

Raptors' Pathetic Home Loss to Hornets a New Low

The Toronto Raptors delivered a listless, hopeless performance in a 111-86 blowout loss to the Charlotte Hornets on December 5, 2025. Read the key takeaways from the dismal night at Scotiabank Arena.

Loonie Jumps Above 72 Cents on Strong Jobs Report

The Canadian dollar soared above 72 cents U.S. after a surprisingly strong November jobs report, reinforcing expectations the Bank of Canada will hold rates. Discover the market impact.

B.C. health review cuts 1,100 jobs, redirects $60M

A major review of B.C.'s health authorities will eliminate over 1,100 positions and redirect $60 million to front-line services. Learn how this restructuring aims to improve patient care.

Raptors' 8-game home streak tested by Lakers, Doncic

The Toronto Raptors put their eight-game home win streak on the line against LeBron James, Luka Doncic, and the visiting Los Angeles Lakers in a marquee NBA showdown. Get the full preview and key matchups.

Scotiabank Q4 Profit Jumps to $2.21 Billion

The Bank of Nova Scotia reports a significant rise in quarterly profit, reaching $2.21 billion for Q4 2025. Discover the key financial results and what they signal for Canada's banking sector.

Shopify lays off staff to keep team focused

Canadian e-commerce giant Shopify implements workforce reductions to maintain operational efficiency despite strong financial performance and revenue growth of 26%.

Apple Cuts Sales Jobs in Rare Layoff

Apple Inc. has eliminated dozens of sales roles in a rare organizational layoff, streamlining its approach to business, education, and government clients.

Bell Canada Slashes Nearly 700 Management Jobs

Bell Canada parent company BCE Inc. eliminates nearly 700 positions in a 'difficult but necessary decision' to align with its strategic growth plan and cost-saving targets.

Verizon cutting 13,000 jobs in company reorientation

Verizon is eliminating more than 13,000 positions as the telecommunications giant works to reorient its entire business strategy. Get the latest details on this significant workforce reduction.

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